California shooting was all over the news for 1 1/2 hours before Fridays close.
If there Is a move down tomorrow morning it will be shorts trying to shake out more shares. The shooting was a nut case and there isn't anything coming from Obama on gun control because with all the scandals he doesn't want to make speeches, then get asked questions. He is in hiding hoping to let everything die down. Plus everyone knows gun sales rise after shootings. There are a million articles about this.
According to police, the first call of shots fired came in at 11:52 PDT. At that time it was just a car jacking so would not make much impact. Then he had to travel by car to the college and eventually be executed by police. Only long after that was it announced that he had an assault style rifle and several magazines of ammo. So the news that would be relevant to the market was not out before the market closed.